Introduction to Protecting Client Money

Understand the key principles in managing client money and assets effectively.

Enrolment dates & fees


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Course details

Recent high profile fraud cases and continued regulatory scrutiny have highlighted the importance of understanding the key principles of safeguarding client money and assets. The rules are complex and you need the right skills to apply them effectively.

This course covers this technical area in an accessible, easily understandable way., focusing on the principles, practical examples, and taking a closer look at the Financial Conduct Authority (FCA) CASS rules to help bring the concepts to life. 



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Become an ICA member

When you enrol onto this course you will join an international
community of over 30,000 members. Benefits include:

  • Access to the uniquely personalised ICA Learning Hub
  • Weekly webinars covering the latest industry
  • Discounts on ICA events and further ICA courses

What will I learn?

  • Understand the key principles in managing client monies and assets effectively
  • Discover why insolvency drives the need to protect customers
  • Learn why company and customer monies should be separated, as well as how and what to separate
  • Explain the basics for good organisational arrangements and understand the fundamentals of banking and custodian relationships
  • Describe the basics of registration and recording of legal titles, the importance of segregation and the role of diversification
  • Know the steps to take when reconciling accounts and understand how to protect monies and assets during transactions

Course format

  • Self-paced, online (you will have access to the course for one month) 
  • End-of-course quiz to test your understanding 
  • Downloadable certificate of completion

Is this course right for me?

This practical, knowledge-based course is ideal for:

  • Anyone in a supervisory first-line role with responsibility for processes that handle client money including those at outsourced administrators
  • Those in business control teams, compliance advisory and compliance monitoring staff with oversight of client money and custody operations 
  • Internal audit staff 
  • Individuals aspiring to a career involving the CASS oversight function.